Interfor downgraded to Outperform from Strong Buy at Raymond James

Raymond James analyst Daryl Swetlishoff downgraded Interfor (IFSPF) to Outperform from Strong Buy with a price target of C$13, down from C$14. Building materials are expected to see a near-term EBITDA inflection driven by stronger lumber pricing, high utilization, and firm demand, with several producers likely to beat consensus, though seasonal price softening and macro uncertainty are expected to weigh on sentiment, the analyst tells investors in a research note.